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SC sets aside order of NCLAT and holds insolvency plea u/s 7 as time barred

September 17, 2019[2019] 109 198 (SC)

IBC : Where recovery certificate for non payment of loan amount was issued in year 2001, petition filed under section 7 on 21-7-2017 i.e., beyond three years, from default was time barred

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